THE WHY
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Overview
Investment in Tech Companies
In terms of investment, the number of venture capital deals in the tech space has increased more than 7x in North America over the past decade. Of the $342 billion in total venture activity in 2021, 88% ($300 billion) was earmarked to companies within the tech space, with $127 billion (37%) dedicated to software-related deals alone. 1 Venture capital activity in the software sector outstripped all other subsectors tracked by Pitchbook. As a region, we must ensure our entrepreneurs, companies, and universities have the resources and support to capitalize on that innovation.
88%
$342B
$300B
TOTAL 2021 VENTURE ACTIVITY
For companies within tech space
$127B
For software- related deals
1 Pitchbook NVCA. Venture Monitor Q1 2022
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